$4,000,000

Estimated payment $27,259/month

Total Views 16,679
4 Beds
3 Baths
2,456 Sq Ft
$1,629 Price per Sq Ft

Highlights

  • Ocean View
  • Pier
  • Property Fronts a Bay or Harbor
  • Harbor View Elementary School Rated A
  • Pier or Dock
  • 4-minute walk to Lookout Point

About This Home

Discover the ultimate in bay front living at 2525 Ocean Blvd in Corona del Mar. This premier, double-unit residence in the gated Channel Reef community offers a once-in-a-lifetime opportunity to enjoy breathtaking harbor, and channel views right from your doorstep. This spacious home features four bedrooms, three bathrooms, and an open layout perfect for relaxing or entertaining. Designed to maximize the views, the living, dining, and kitchen areas flow onto a large private patio with easy access to the community pool, spa, and BBQ area. Private dock space may also be available at a future date, based on availability. The high-end kitchen features under-lit stone countertops, custom cabinetry, and Wolf and Subzero appliances. Unique to this unit is the ability to drive down to your ground-level private door to easily unload your groceries and other items. Located within walking distance to China Cove, Pirates Cove, beaches, and close to top-tier shopping, dining, entertainment, and John Wayne Airport, this home combines size, luxury, and an unparalleled bay front location. Perfect for a full-time residence or a vacation retreat, this home makes your coastal lifestyle dreams a reality.

Last Listed By

Brian Sperry

Coldwell Banker Realty Brokerage Phone: 949-667-3300 License #01478815 Listed on: 02/20/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,025

Year Built

  • Built in 1963

Lot Details

  • Property Fronts a Bay or Harbor
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $2,160 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Ocean
  • Marina
  • Harbor
  • Views of a pier
  • Panoramic
  • Pool

Interior Spaces

  • 2,456 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Double Door Entry
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Stone Bathroom Countertops
  • Bathtub
  • Separate Shower

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Pier
  • Ocean Side of Highway 1
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Radiant Heating System
  • Natural Gas Connected
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot CLt1
  • Tax Tract Number 627
  • Assessor Parcel Number 89525049
  • $368 per year additional tax assessments

Community Details

Overview

  • 48 Units
  • Channel Reef Community Association, Phone Number (949) 833-2600
  • Keystone Pacific HOA
  • Channel Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Pier or Dock
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,025

Year Built

Built in 1963

Lot Details

0

HOA Fees

$2,160 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community, Resident Manager
  • Subdivision Name Other: Channel Reef (CREF)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 89525049
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2456.00 Square Feet
  • Interior Amenities: Crown Molding, Open Floorplan, Stone Counters, Unfurnished
  • Stories: 1
  • Entry Location: Ground Floor
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Stone, Tile
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1628.66
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Spa Features: Community, In Ground
  • Bathroom Features: Bathtub, Shower, Main Floor Full Bath, Separate Tub And Shower, Stone Counters
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Pier
  • View: Harbor, Marina, Ocean, Panoramic, Pier, Pool, Water
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Electric Cooktop, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Common Area, Community
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Pier, Trash, Utilities, Pet Rules, Controlled Access
  • Association Fee: 2160.00
  • Association Fee Frequency: Monthly
  • Association Name: Channel Reef Community Association
  • Phone: (949) 833-2600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Keystone Pacific

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 48
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: CLt1
  • Tax Tract Number: 627.01
  • TaxOtherAnnualAssessmentAmount: 368.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $33,025 $3,109,384 $2,623,898 $485,486
2023 $32,252 $3,048,416 $2,572,449 $475,967
2022 $31,717 $2,988,644 $2,522,009 $466,635
2021 $31,107 $2,930,044 $2,472,558 $457,486
2019 $18,769 $1,757,003 $1,488,751 $268,252
2018 $8,463 $771,836 $640,630 $131,206
2017 $8,240 $756,702 $628,068 $128,634
2016 $8,056 $741,865 $615,753 $126,112
2015 $7,978 $730,722 $606,504 $124,218
2014 $7,790 $716,409 $594,624 $121,785
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 For Sale $4,000,000 -- $1,629 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Ticor Ttl Orange Cnty Branch
Grant Deed $2,900,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 New Conventional
Closed $1,884,900 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 Purchase Money Mortgage
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25036089

California Regional Multiple Listing Service (CRMLS)

APN: 895-250-49